clock menu more-arrow no yes mobile

Filed under:

Meanwhile, Back in Brooklyn...

Mikhail Prokhorov needs NBA approval before he takes over the Nets, but that's not all. Bruce Ratner must also meet a "vacant possessions" clause in the arena deal before it all can close. Property must be condemned and cleared. That's being reviewed by a state judge and might not happen til April. Nets officials say "the wait is over" and critics admit their efforts are a "long shot", but it's never been easy.